1425 W Stoneridge Ct 12 Unit Apartment Building $3,250,000 ($270,833/Unit) 5.36% Cap Rate Ontario, CA 91762

This well-maintained 12-unit apartment community sits in the heart of Ontario — the Inland Empire's second-largest city and its most commercially active core — minutes from Ontario International Airport (ONT), Ontario Mills, and direct freeway access via the 10 and 60 freeways. The offering generates a current cap rate of 5.36% and a current GRM of 11.64, with a pro forma cap rate of 6.05% and a pro forma GRM of 10.70, reflecting an attractive opportunity to capture meaningful rental upside by raising rents to market rates.
The property is situated on a ±13,500 SF lot and offers ±8,718 SF of rentable space, with an average unit size of 727 SF across a desirable mix of eight 1-Bedroom/1-Bathroom units and four 2-Bedroom/1.5-Bathroom townhouse-style apartments. Units have been renovated with vinyl plank flooring, granite countertops, stainless steel appliance packages, and remodeled bathrooms, with private patios available in select units. Wall air conditioning and heating units are installed throughout. The property offers private off-street assigned parking, an on-site laundry facility, and security video monitoring. As part of a well-maintained HOA community, the exterior presents with a clean, uniform character that enhances curb appeal and tenant pride of occupancy.
Ontario's position at the geographic and economic center of the Inland Empire makes it one of the region's most compelling rental markets. The city ranks among the top Inland Empire cities for population growth and renter demand, driven by its concentration of logistics, distribution, and e-commerce infrastructure alongside a rapidly expanding professional workforce. Renters are drawn to Ontario for its balance of urban amenity and suburban livability — a dynamic that continues to compress vacancies and support rent growth across the submarket. Residents at 1425 W Stoneridge Court enjoy direct access to the 10 and 60 freeways, connecting them to the greater Los Angeles basin, San Bernardino County, and Riverside County. The Ontario–East Metrolink station provides regional rail connectivity to LA Union Station, further broadening the commuter catchment. Ontario International Airport, one of the fastest-growing airports in Southern California, serves as both a major regional employment hub and a travel amenity.
Ontario's diverse employment base provides a deep and stable pool of qualified renters. Major employers in the immediate area include Amazon, UPS, Stater Bros. Markets, Kaiser Permanente, Chaffey College, and the City of Ontario — anchoring demand across logistics, healthcare, education, and public-sector industries. The city's dining, retail, and entertainment corridors, including Ontario Mills and the adjoining Ontario Center, provide residents with a walkable lifestyle complement to the area's commuter convenience. Ontario Regional Medical Center further enhances the city's live-work infrastructure, supporting a renter profile that values stability, proximity to work, and quality of housing.
1425 W Stoneridge Court is a stable income-producing asset in one of the Inland Empire's most active multifamily investment submarkets, offering strong in-place cash flow and a clear path to enhanced returns. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.